Key Market Indicators
Saint Lucia's pigment imports are projected to decline slightly over the next five years. By 2028, imports are expected to reach approximately 72,100 kilograms, down from 73,200 kilograms in 2023. This represents an average annual decrease of 0.2%. Historical data shows that since 1997, demand for pigments in Saint Lucia has consistently fallen at an average rate of 0.2% per year. On the export front, Saint Lucia's pigment shipments are also anticipated to decrease significantly. By 2028, exports are forecasted to drop to about 194 kilograms, down from 278 kilograms in 2023. The average annual rate of decline is estimated at 5.7%. Looking back, the country's pigment supply has shrunk by an average of 5.1% per year since 1999.
